Live Law

Byju's RP Moves NCLAT After Aakash Withholds Rights-Issue Shares Over FEMA Concerns

The resolution professional of debt-laden ed-tech Think and Learn Pvt Ltd (Byju's) has moved an application before the National Company Law Appellate Tribunal (NCLAT), Chennai after Aakash Educational ...
timesnownews

Aakash Defers Share Allotment to TLPL, BYJU’S Parent Company, Over Alleged FEMA and Company Law Violations

Aakash Educational Services Limited (AESL) has paused the allotment of shares to Think & Learn Private Limited (TLPL), the parent company of BYJU’S, amid concerns over alleged violations of foreign ...
The New Indian Express

SC dismisses Byju Raveendran's plea against NCLAT order

NEW DELHI: The Supreme Court on Friday dismissed a plea of Byju Raveendran, the promoter of Think and Learn Private Limited that operates ed-Tech firm Byju, challenging an NCLAT order which has ...
The New Indian Express

Aakash puts BYJU’S Rs 25-crore allotment on hold over FEMA, ECB red flags

CHENNAI: The board of directors of Aakash Educational Services Limited (AESL) has put Think & Learn Pvt Ltd (TLPL)’s share allotment of Rs 25 crore, alleging that the amount by the BYJU’s parent ...
The Free Press Journal

Byju’s Co-Founder Challenges Glas Trust’s $1.2 Billion Compulsory Convertible Debenture In NCLT, Hurls Accusations Of Norm Violations

New Delhi: Riju Ravindran has moved the insolvency tribunal NCLT against the Compulsory Convertible Debenture agreement between Think & Learn Pvt Ltd and a wholly-owned subsidiary of Glas Trust Co, ...
devdiscourse

NCLAT Greenlights Aakash's Rights Issue Amidst Byju's Insolvency Dispute

The National Company Law Appellate Tribunal (NCLAT) has allowed Aakash Educational Services Ltd to proceed with its Extraordinary General Meeting (EGM) for a rights issue, despite objections from Glas ...
tice

Byju’s Battles for Control: Think & Learn Moves NCLAT Over Aakash Rights Issue Dispute

In what has become one of the most high-stakes corporate courtroom dramas in India’s startup ecosystem, Byju’s — once celebrated as the crown jewel of Indian edtech — has found itself fighting yet ...
cnbctv18

Byju’s moves NCLAT against NCLT order allowing Aakash EGM on rights issue

Think & Learn, which owns edtech brand Byju’s, on Monday moved the National Company Law Appellate Tribunal (NCLAT) against the National Company Law Tribunal (NCLT) order, which last week declined its ...
Hosted on MSN

Byju's moves NCLAT on Aakash EGM for rights issue

Think & Learn, which owns edtech brand Byju's, on Monday moved the National Company Law Appellate Tribunal against the NCLT order, which last week declined its plea to restrain Aakash Educational ...
Deccan Chronicle

SC Dismisses BCCI, Raveendran Pleas To Halt Byju’s Insolvency

NEW DELHI: The Supreme Court on Monday upheld its earlier order, rejecting appeals by the BCCI and Byju’s co‑founder Riju Raveendran to withdraw insolvency proceedings against Byju’s parent company, ...
Business Standard

NCLAT rejects Byju's plea on Aakash shareholding status quo directive

The National Company Law Appellate Tribunal (NCLAT) has dismissed a petition filed by the resolution professional (RP) of Think & Learn Pvt Ltd (TLPL), the parent firm of edtech major Byju’s, which ...
The Financial Express

Byjus’ Riju Raveendran moves NCLT to remove GLAS as the financial creditor

Riju Ravindran moved the National Company Law Tribunal on Thursday seeking removal of GLAS Trust as a financial creditor amid insolvency proceedings. The Byju’s co-founder contended that the US-based ...